Search found 4462 matches

by CABob
Thu Jul 06, 2017 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Museum Membership - tax deductible?
Replies: 13
Views: 1775

Re: Museum Membership - tax deductible?

Probably not if you get things in return (such as unlimited free visits for a paid museum) that are commensurate with what you paid. If it's a free 501(c)(3) museum and your "membership" doesn't come with any particular benefits, it is likely tax deductible. Sometimes, if what you donated is signif...
by CABob
Wed Jul 05, 2017 9:24 pm
Forum: Investing - Theory, News & General
Topic: Wellington vs Wellington Admiral shares
Replies: 12
Views: 2793

Re: Wellington vs Wellington Admiral shares

The share price of a mutual fund is of no concern regarding your decision. The share price is initially determined as a somewhat arbitrary number at the time of initial formation of the fund. From that point forward one invests a certain dollar amount and the share price is insignificant other than ...
by CABob
Mon Jul 03, 2017 8:30 pm
Forum: Personal Consumer Issues
Topic: Hearing aid help
Replies: 15
Views: 1563

Re: Hearing aid help

Thanks all for your responses. They have been helpful. What is your word recognition score (WRS)? I’m not sure but if this is the test to repeat words spoken by the tester I think I got most or perhaps all of them correct You have to rely on people enunciating and speaking clearly. Which never happe...
by CABob
Mon Jul 03, 2017 6:52 pm
Forum: Personal Consumer Issues
Topic: Hearing aid help
Replies: 15
Views: 1563

Hearing aid help

There have been a number of conversations about hearing aids over the past few years and I think I have read them all. I got my first hearing aids from Costco a few months ago based on conversations on this forum as well as recommendations by friends. They are the Costco Kirkland brand and I have be...
by CABob
Mon Jul 03, 2017 1:34 pm
Forum: Personal Consumer Issues
Topic: Best tool/technique for grill cleaning?
Replies: 23
Views: 2800

Re: Best tool/technique for grill cleaning?

PFInterest wrote:Sponge. Onion. Hotter charcoal.
Onion???? This must be a technique I have not heard of. Elaborate please.
by CABob
Mon Jul 03, 2017 12:37 pm
Forum: Personal Consumer Issues
Topic: Best tool/technique for grill cleaning?
Replies: 23
Views: 2800

Re: Best tool/technique for grill cleaning?

Do you clean grill when it is hot or cold? And after cooking do you try to burn off the residue?
My procedure is to use wire brush immediately after cooking then leave the burner on for 5 minutes or so to burn off the residue.
by CABob
Sun Jul 02, 2017 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Childless couple - want siblings to inherit after we both go
Replies: 36
Views: 4007

Re: Childless couple - want siblings to inherit after we both go

I haven't thought this all the way through, but for an idea, how about each of you having a will or possibly a revocable trust such that when one passes their assets go into a irrevocable trust that the surviving spouse can receive the income or possible a percentage of the trust for annual expenses...
by CABob
Sun Jul 02, 2017 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Hiring an executor for my will
Replies: 72
Views: 8938

Re: Hiring an executor for my will

I did have an "in passing" conversation with an attorney who uses the same bank that I do and his remark to me was "you don't have any children, so what do you care?" OW! There are lots of folks who do not have children for complex reasons and it hurts. While I question the manner in which the resp...
by CABob
Sun Jun 25, 2017 11:31 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard LifeStrategy Fund
Replies: 5
Views: 1176

Re: Vanguard LifeStrategy Fund

I like the asset allocation and fund choices in the "Vanguard LifeStrategy Moderate Growth Fund" (VSMGX), so it would be easiest to just dump everything into this fund and be done with it. However, I am concerned over time Vanguard will change the allocation between stocks versus bonds and the allo...
by CABob
Thu Jun 22, 2017 10:28 pm
Forum: Personal Consumer Issues
Topic: Amazon purchase
Replies: 10
Views: 2048

Re: Amazon purchase

I've always wondered this: what if I put things in my cart, using my phone for example. Can I then use the BH link just to check out? I'm not positive but if you make a new log in from your computer using the Boglehead link and you find your cart with products in it from the phone purchase I would ...
by CABob
Thu Jun 22, 2017 10:22 pm
Forum: Personal Consumer Issues
Topic: Amazon purchase
Replies: 10
Views: 2048

Re: Amazon purchase

There is also the "Smile" provision that makes contributions to the John C Bogle Center for Financial Literacy. You can find more about it at https://www.bogleheads.org/forum/viewtopic.php?t=209880 . Someone indicated that you can use both the Boglehead link and also the Smile link on the same purch...
by CABob
Thu Jun 22, 2017 11:46 am
Forum: Investing - Theory, News & General
Topic: Email from VG - Vanguard Rep is on Leave ??
Replies: 22
Views: 3629

Re: Email from VG - Vanguard Rep is on Leave ??

I would think this also has a lot to do their "new" Personal Advisory Services. They have to distinguish that from even Flagship, so perhaps part of how they did that was downgrading Flagship and lower tiers. I am concerned that this might be a factor which would not make me happy. I don't expect a...
by CABob
Fri Jun 16, 2017 11:03 pm
Forum: Investing - Theory, News & General
Topic: Possible to exchange for a new fund and buy more on the same market day? [Mutual Fund]
Replies: 9
Views: 1150

Re: Possible to exchange for a new fund and buy more on the same market day? [Mutual Fund]

I'm not sure that this is the same as your situation but several months ago I wanted to buy about $100,000 of Admiral shares of a fund ($50K minimum purchase) with $60K coming from 1 fund and $40K coming from another. I placed the $60K transfer without a problem then tried to transfer the $40K from ...
by CABob
Wed Jun 14, 2017 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Do You Take Your Credit Card Receipts?
Replies: 85
Views: 8359

Re: Do You Take Your Credit Card Receipts?

I take them, and keep them for a couple days. My theory is that errors in tip entry are less likely to occur when you take the receipt. But don't they print your receipt before the tip and signature is put on their copy? That has been my experience so I don't see that taking the receipt would chang...
by CABob
Wed Jun 14, 2017 1:08 pm
Forum: Forum Issues and Administration
Topic: How to "follow" a thread of BH
Replies: 20
Views: 2925

Re: How to "follow" a thread of BH

gasdoc wrote:Once you "subscribe," what happens then?
You will receive an email indicating there was a new post to that conversation.
by CABob
Tue Jun 13, 2017 5:24 pm
Forum: Investing - Theory, News & General
Topic: Favorite Feature of Vanguard Website?
Replies: 67
Views: 7563

Re: Favorite Feature of Vanguard Website?

I think the Portfolio Watch tool and display is nice. I don't know if other companies have a similar feature.
by CABob
Tue Jun 13, 2017 12:42 pm
Forum: Investing - Theory, News & General
Topic: Favorite Feature of Vanguard Website?
Replies: 67
Views: 7563

Re: Favorite Feature of Vanguard Website?

One feature I do not like is their search function; maybe I'm bias since I use Google search so much. What browser do you use? I recently discovered that the VG search seems to have some problems when using Chrome. It worked fine when I used it in Internet Explorer. I'm not sure I have a favorite f...
by CABob
Tue Jun 13, 2017 10:51 am
Forum: Personal Consumer Issues
Topic: Watch Batteries
Replies: 53
Views: 4339

Re: Watch Batteries

by CABob
Sun Jun 11, 2017 6:56 pm
Forum: Forum Issues and Administration
Topic: Longest conversation thread?
Replies: 6
Views: 1735

Longest conversation thread?

I'm not sure if this is appropriate or in the right place, but as I read the 1800th post on Taylor's Three-Fund thread I am wondering what is the longest thread on this forum if anyone knows. Is anyone aware of a longer thread?
by CABob
Sun Jun 11, 2017 6:45 pm
Forum: Personal Consumer Issues
Topic: Fence Dilemma
Replies: 31
Views: 3757

Re: Fence Dilemma

I suggest that you approach the neighbor in two (or perhaps more) steps. First in talk in general terms indicating that you see that the fence is in bad condition and indicate that perhaps it should be replaced to see what her reaction might be. Depending on her response some time later indicate wha...
by CABob
Sat Jun 10, 2017 10:53 pm
Forum: Personal Consumer Issues
Topic: AAA Cost
Replies: 85
Views: 9371

Re: AAA Cost

I recently paid $74 for DW and myself for basic membership (not Plus) in Southern California area. I find the difference in costs in various areas and even with a number of members in the SoCal area interesting and surprising.
by CABob
Thu Jun 08, 2017 11:10 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation is Haywire Vanguard
Replies: 7
Views: 985

Re: Asset Allocation is Haywire Vanguard

Keepcalm wrote:However if I divide each fund by my total portfolio value it's in fact 80/20 still.

Has anyone ever had an issue with Vanguards asset allocation pie chart it shows you when you login and go to portfolio watch?
Yes. Trust your own calculation not the one that is used for the pie chart.
by CABob
Wed Jun 07, 2017 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Help with choosing Financial Planning / Investment Firm
Replies: 15
Views: 1525

Re: Help with choosing Financial Planning / Investment Firm

guyincalifornia wrote:Question for Meg77: how do I go about finding a GREAT planner who will accept a flat fee? Thanks again!
I'm not Meg77 but I understand that the Garrett Network is a good place to look for hourly or flat fee advisors,
by CABob
Wed Jun 07, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: When a company spins off part of itself, do you keep the new company stock?
Replies: 17
Views: 1288

Re: When a company spins off part of itself, do you keep the new company stock?

I have owned Northrop Grumman (NOC) stock for a number of years. In March of 2011 they spun off Huntington Ingalls Industries (HII) which I kept for no particular reason. Since that time NOC Has gained about 310% while HII has gained about 650%.
by CABob
Fri Jun 02, 2017 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Time to Move Away from 3-Fund Portfolio?
Replies: 36
Views: 5100

Re: Time to Move Away from 3-Fund Portfolio?

I am in a similar situation with basically a 3-fund IRA. I am already retired but am starting to be concerned as to what will happen when I have passed or in a condition that I no longer have the desire or ability to maintain the IRA although it requires very little maintenance. I haven't taken any ...
by CABob
Thu Jun 01, 2017 5:16 pm
Forum: Investing - Theory, News & General
Topic: RMD on Declining Balance
Replies: 53
Views: 4629

Re: RMD on Declining Balance

itstoomuch wrote:^Bob, so do you have that makes your portfolio do so well?
Lazy portfolio - 3-fund plus some tilts in the past. Currently at about 45% equity.
by CABob
Thu Jun 01, 2017 3:24 pm
Forum: Investing - Theory, News & General
Topic: RMD on Declining Balance
Replies: 53
Views: 4629

Re: RMD on Declining Balance

I wonder how many retirees know that they will have a RMD on a declining balance on their IRAs? and Somewhere-Sometime they will discover that their IRA will no longer support their life style of ~4% SWR? YMMV I have been taking RMD for a number of years and my IRA balance has grown not declined ov...
by CABob
Tue May 30, 2017 12:44 pm
Forum: Investing - Theory, News & General
Topic: "Mind the Gap 2017"
Replies: 14
Views: 2393

Re: "Mind the Gap 2017"

Whenever I see discussion or analysis of this type I can’t help but wonder if there isn’t another explanation of the data. Over a lifetime of wealth and investing accumulation of 10, 20 or more years most of us start out with a very modest amount of assets and (hopefully) end up with some significan...
by CABob
Mon May 29, 2017 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: How exactly does Vanguard's RMD service work? Rebalancing?
Replies: 57
Views: 8450

Re: How exactly does Vanguard's RMD service work? Rebalancing?

If you have checkwriting on your IRA (I know that both Vanguard and Fidelity allow this) you can write the QCD check from your IRA account yourself, and send it to the charity. If you have actually done this I guess it works but I am surprised. If you write a check how does Vanguard know that it is...
by CABob
Mon May 29, 2017 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: 3-fund vs Vanguard 4-fund portfolio?
Replies: 25
Views: 4639

Re: 3-fund vs Vanguard 4-fund portfolio?

Any thoughts about the Vanguard 4-fund portfolio vs the traditional 3-fund portfolio? Any reasons NOT to go with the Vanguard 4-fund portfolio? I don't do market forecasts but if I did I wouldn't pick one over the other but I would be willing to forecast over the long term there will be very little...
by CABob
Mon May 29, 2017 5:55 pm
Forum: Local Chapters and Bogleheads Community
Topic: Amazon Smile: John C Bogle Center
Replies: 22
Views: 4310

Re: Amazon Smile: John C Bogle Center

Can one contribute to the Bogleheads using the Amazon link on the home page and also to the Bogle Center through the Smile process or is it one or the other?
by CABob
Mon May 29, 2017 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Need Inflation Protected Securities fund?
Replies: 7
Views: 912

Re: Need Inflation Protected Securities fund?

Is there room for some market timing here? :twisted:
What I mean is to not include TIPS currently but to add at such time as it appears that higher inflation is likely?
by CABob
Mon May 29, 2017 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: How exactly does Vanguard's RMD service work? Rebalancing?
Replies: 57
Views: 8450

Re: How exactly does Vanguard's RMD service work? Rebalancing?

Thanks all. So, if my mom is competent and understands everything and is going to call Vanguard each year and ask them to send a check directly for X amount to the charity, then withhold X amount of what is left for taxes and deposit the remaining part of the RMD into her bank account or taxable ac...
by CABob
Mon May 29, 2017 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Need Inflation Protected Securities fund?
Replies: 7
Views: 912

Re: Need Inflation Protected Securities fund?

Thanks for the reply. If it didn't direct me to the answer it at least brought me to the considerations to make. Unfortunately I don't think one will know how well the fund will offset inflationary effects until we are in a high inflationary period.
by CABob
Sun May 28, 2017 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: Need Inflation Protected Securities fund?
Replies: 7
Views: 912

Need Inflation Protected Securities fund?

I am considering changing my IRA portfolio from multi-fund (3-fund plus) to a single balanced fund probably a short date Target Retirement or Life Strategy Conservative Growth fund for reasons of simplification. The allocation of the TR and LS funds are similar but I’ve noticed that the short date T...
by CABob
Sun May 28, 2017 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: How exactly does Vanguard's RMD service work? Rebalancing?
Replies: 57
Views: 8450

Re: How exactly does Vanguard's RMD service work? Rebalancing?

I know this is a few years old but I am guessing the information I've read in the thread is still correct. My mom is taking RMD for the first time this year. She recently got the letter about enrolling in this service. She's very on top of understanding how much she must take out. She wants to make...
by CABob
Fri May 26, 2017 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: Starting a Personal Investment Account
Replies: 7
Views: 961

Re: Starting a Personal Investment Account

Now I'd like to open the personal investment account. I was thinking of simply doing Vanguard S&P 500 Index (VFINX) and doing my best to get to $10K in a year to move to the Admiral Shares with the lower expense ratio. But doing this means I have no bonds whatsoever in this account. That sounds goo...
by CABob
Thu May 25, 2017 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Save mobile deposit checks?
Replies: 16
Views: 2283

Re: Save mobile deposit checks?

You can hold it after depositing for as long as you like but write VOID over it (multiple times if you like) to prevent your account from being debited and another account being credited. Wouldn't that be an issue for the check writer rather than me? But I guess that raises another question in my m...
by CABob
Wed May 24, 2017 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Save mobile deposit checks?
Replies: 16
Views: 2283

Re: Save mobile deposit checks?

Thanks for the responses. I guess I will wait 30 days or so after the deposit appears on my statement then to the shredder.
by CABob
Wed May 24, 2017 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Save mobile deposit checks?
Replies: 16
Views: 2283

Save mobile deposit checks?

I recently joined the 21st century and started to use mobile (smart phone) deposit for occasional paper checks that I receive. Now I'm not sure what I should do with the checks after they have been deposited. Destroy them immediately? Keep them until my bank statement records them? Keep them for 7 y...
by CABob
Sun May 21, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Leave a Free Investment Advisor?
Replies: 23
Views: 2847

Re: Should I Leave a Free Investment Advisor?

Sometimes one can't really afford something that is "free". Somehow I suspect that the advisor is in fact receiving some compensation from transaction costs.
by CABob
Sat May 20, 2017 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone know what "book" an advisor or insurance salesperson would offer to buy for a prospective client?
Replies: 26
Views: 1909

Re: Anyone know what "book" an advisor or insurance salesperson would offer to buy for a prospective client?

In my financial talks I have a catch-phrase I like a lot: "If you don't know enough to know whether a Target Date fund is right for you, it's right for you". And I follow with something like "if for some reason it is NOT right for you, it remains right for you until you learn/understand what is bet...
by CABob
Sat May 20, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone know what "book" an advisor or insurance salesperson would offer to buy for a prospective client?
Replies: 26
Views: 1909

Re: Anyone know what "book" an advisor or insurance salesperson would offer to buy for a prospective client?

Many years ago I did receive a book from an adviser. It was Stocks for the long run by Siegle. It doesn't fit the 90 minute read category so I don't think that would be it. Perhaps something more along the lines of other ideas, i.e. more of a sales pitch. :twisted:
by CABob
Fri May 19, 2017 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard or Betterment
Replies: 10
Views: 2586

Re: Vanguard or Betterment

You are probably correct that Betterment will do the work and be easy from your standpoint, but what do they really need to do and will you learn anything in the process. I think not. I would suggest that in your situation you could probably open up a Vanguard account with a Target Retirement fund o...
by CABob
Thu May 18, 2017 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: RMD start
Replies: 7
Views: 1171

Re: RMD start

I am looking for any feedback on approach. I have a small traditional IRA and some Rollover IRAs. The RMD estimated amount for 2018 is about $35K including 401ks that I will probably rollover to Vanguard for ease of the RMD automation. Don't forget that RMD from IRA is separate from 401k. The RMD a...
by CABob
Wed May 17, 2017 6:26 pm
Forum: Personal Consumer Issues
Topic: Home cordless phone recommendation, which takes AA or AAA batteries
Replies: 30
Views: 2856

Re: Home cordless phone recommendation, which takes AA or AAA batteries

I currently have a Panasonic set and prior to that have had AT&T and Uniden and probably some others that I have forgotten about since I think I have been using cordless phones for well over 20 years. In that time I don't recall ever replacing batteries but if I have it would have been a rare occasi...
by CABob
Tue May 16, 2017 10:00 pm
Forum: Investing - Theory, News & General
Topic: Best argument you've heard against passive/for active?
Replies: 49
Views: 5351

Re: Best argument you've heard against passive/for active?

I'm not sure it is the best argument, but perhaps the first I read that got me going in the right direction was William Sharpe's 1991 paper.
by CABob
Tue May 16, 2017 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Target Date Funds in Taxable Account
Replies: 40
Views: 6358

Re: Target Date Funds in Taxable Account

Thanks again. I always noticed the Target funds ER was always higher than the funds that comprised it. Now I understand now that you are paying the extra ER for the convenience of having it automated. If you are discussing Vanguard TR funds its ER is the exact prorated ER of the Investor class shar...
by CABob
Tue May 16, 2017 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: [Unable to locate a] Will
Replies: 6
Views: 860

Re: Will

Did she have a lawyer?
Does your mother have siblings or do you have siblings that might have information?
Is there a banker or financial adviser that may have information?
by CABob
Mon May 15, 2017 6:41 pm
Forum: Investing - Theory, News & General
Topic: LifeStrategy Conservative Fund or its 4 fund equivalent
Replies: 9
Views: 1467

Re: LifeStrategy Conservative Fund or its 4 fund equivalent

Thank you all. One last question: If I had to take RMD would it make more sense to do it at the beginning, end of year or monthly from either of the 2 portfolios? Paul Just a comment about taking RMD. If you took them from the 4-fund portfolio you would also have to decided which fund or funds to t...